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Ci. detroit. mi. us REV. 2/00 TO OPEN FOLD REMOVE STUB 5/8 Bottom Stub. PURPOSE OF CITY OF DETROIT ESTIMATED INCOME TAX VOUCHERS Payment vouchers are provided for paying currently any income tax due in excess of the tax withheld. C. Filing and Payment The First Payment should be filed with the Treasurer City of Detroit-Income Tax P. O. Box 67000 Detroit Michigan 48267-0216. The first installment payment may be made or you may pay in full. We do ...
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What is city of Detroit estimated?
The city of Detroit estimated is a program implemented by the City of Detroit to collect taxes from individuals and businesses based on their estimated income for the year.
Who is required to file city of Detroit estimated?
Individuals and businesses who earn income in the city of Detroit are required to file city of Detroit estimated tax returns if their estimated tax liability for the year is $100 or more.
How to fill out city of Detroit estimated?
To fill out the city of Detroit estimated tax forms, you must gather your income and deduction information, calculate your estimated tax liability using the provided formulas, and complete the necessary forms with accurate information.
What is the purpose of city of Detroit estimated?
The purpose of city of Detroit estimated tax is to ensure that individuals and businesses paying taxes in the city of Detroit make regular payments throughout the year, based on their estimated income, to avoid a large tax liability at the end of the year.
What information must be reported on city of Detroit estimated?
On the city of Detroit estimated tax forms, you must report your estimated income, deductions, and credits for the year. You may also need to provide additional information such as your Social Security number or business identification number.
When is the deadline to file city of Detroit estimated in 2023?
The deadline to file city of Detroit estimated tax returns for the year 2023 is April 15th, 2023.
What is the penalty for the late filing of city of Detroit estimated?
The penalty for the late filing of city of Detroit estimated tax returns is 5% of the unpaid estimated tax liability per month, up to a maximum of 25%.
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